Four stocks witnessing long unwinding
Long unwinding refers to selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness.
On Monday, both Sensex and Nifty opened in the positive territory. At 11.50 am, Sensex was trading at 59,358.47, up by 1.01 per cent while Nifty was at 17,687.75, up by 0.89 per cent.
The top three gainers of today’s session include NTPC, Bajaj Finserv, and Bajaj Finance, which soared 2.97 per cent, 2.83 per cent & 2.62 per cent, respectively.
These are the stocks where profit booking is seen taking place in the F&O segment:
|
Symbol
|
Expiry date
|
LTP
|
Per cent change
|
OI change (per cent)
|
|
GAIL
|
Oct 28
|
162.15
|
-1.07
|
-2.87
|
|
MGL (Mahanagar Gas)
|
Oct 28
|
1,097.55
|
-0.26
|
-1.55
|
|
BHEL
|
Oct 28
|
65.65
|
-0.45
|
-0.22
|
|
MUTHOOTFIN
|
Oct 28
|
1,521.3
|
-1.04
|
-0.18
|